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Hi, I was wondering about this: 1. How long did it take for our parents to pay a mortgage, and how much of their salary took? 2. How long does it take for us (people between 30 and 40 years old) to pay our mortgages, and how much does it take of our salaries? Thanks in advance!

http://gma.yahoo.com/blogs/abc-blogs/cops-probe-death-boy-killed-toy-cannon-221230562--abc-news.html US will never learn. Another incident.

The rumors of Operation Twist have come true as the Fed will be buying $400 billion of long-term (6 to 30 year maturities) bonds to put downward pressure on long-term rates. They will sell $400 billion of short-term debt to keep their balance sheet (short-term at least) at the same level...

After a treasury auction earlier this month, the Fed became the 2nd largest holder of US debt after China. It is only a matter of time before it surpasses China and becomes the number one holder of American debt. It truly amazes me how little people talk about this or care about this- perhaps...

President Obama has cleared 17k more troops to head into Afghanistan. They are going to be there for years. His administration has been very adament in saying that this is not a "surge." http://www.msnbc.msn.com/id/29242187/ If only we weren't in Iraq, would probably would have been...